andrewgm824

andrewgm824

PYPL is sitting right at support at 61.30 and is still below the 9 EMA on the 1H timeframe. Currently, RSI is oversold and there could be a potential bounce, but we need a break of the 9EMA in order to have confirmation that we should see a reversal. Currently all EMA's are aligned to the downside and we are yet to retrace back to the 50EMA to the upside. The...

andrewgm824

We see resistance coming up for Apple at 176.36. At this level we are looking for a downturn on Apple formed by a previous high at 176.36. Should we reject 176.36, break trendline and also go below the 9, it is safe to say we could revisit 155 support for a completion of a cup and Handle. Will re-evaluate once we hit resistance.

andrewgm824

I've been tracking Baba for a while and the chart setup right now looks to be setting up for a nice reversal. There is a very strong resistance at $240, however should BABA clear that resistance with good volume, minimal bad headlines and earnings, I'd be looking for it to return back to $320 within the year. Due your DD, however, I am going to go long BABA.

andrewgm824

BA should be at $280 to $300 before the next earnings period. Taking a look at the chart, the pattern has been consistent for the past one year.

andrewgm824

I have been tracking TWLO for a while now and I believe that right now is a great time to get into a long position. Golden cross occured back in March 2018 and looks like it is getting ready for wave 2. If you are looking for an entry point. Great pullback and we just picked up great volume. Next stop would be 134.86 and if we clear that we will head straight to 150.47.

andrewgm824

Rising Wedge forming in BA. Waiting for it to test $378 and see what it does there. If it does not push through resistance, I can see it falling back to test support at $340. What are your thoughts?

andrewgm824

I see a major dump coming from LULU. My predictions are we gap down and fill the gap from the April Earnings report. The chart never filled that gap, and we know how much charts love to fill gaps. Chart is straining at the moment. A perfect example is Shopify which had a similar pattern.

andrewgm824

My prediction is that Roku breaks resistance and runs back to $170 before cooling off. I see a cup and handle forming on the chart.